Inflation Calculator

The Fi Money inflation calculator is a tool that allows you to see how the purchasing power has changed over time due to inflation. Purchasing power here refers to the amount of goods or services that your money can buy you today. It could be a litre of milk or a movie ticket. These costs go up with inflation every year.

This inflation calculator takes into account the amount of money you’re looking to benchmark inflation against. For instance, you can enter your current monthly expenses and see how it compares to costs 3 years from now. Next, you’ll need to enter the starting year and ending year. 

The Fi Money calculator uses data on the rate of inflation to work out the purchasing power of your money in the future. The data is sourced from various reports that have documented the inflation rate year on year. 

Note that this calculator does not attempt to predict inflation, but is just a projection based on past trends. Take it with a grain of salt, and plan your finances accordingly. Remember, it’s always better to err on the safer side.